FLOOR AREAS
The individual units range in in size from 112 sq. ft./10.4 sqm. up to 202 sq. ft./22.48 sqm. The GIA of the building is 4,660 sq. ft./432.16 sqm. or thereabouts.
ANTICIPATED RENTS/COSTS
If the property is fully let, based on the existing configuration, it is anticipated that the annual rent is circa. £90,000. The annual costs for supplying all the services, excluding management fees is in the order of £21,000. Therefore, there is potential to obtain gross receipts of circa. £70,00 per annum.
BUSINESS RATES
All units are assessed individually for non-domestic rating purposes. Subject to satisfying certain criteria, the individual spaces could benefit from Small Business Rates Relief. Interested parties should make their own enquiries with the local authority, Amber Valley Borough Council.
Note
Please be advised that whilst our joint agent has conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
VALUE ADDED TAX (VAT)
We understand that VAT is elected on the property, and therefore, VAT will be payable on the purchase price.
Draft Sales Particulars
These sales details are awaiting vendor approval